VanEck BDC Income ETF (BIZD)
Assets | $840.53M |
Expense Ratio | 11.17% |
PE Ratio | 17.59 |
Shares Out | n/a |
Dividend (ttm) | $1.76 |
Dividend Yield | 10.96% |
Ex-Dividend Date | Dec 27, 2023 |
Payout Ratio | 192.86% |
1-Year Return | +12.40% |
Volume | 675,055 |
Open | 16.19 |
Previous Close | 16.17 |
Day's Range | 16.02 - 16.19 |
52-Week Low | 13.54 |
52-Week High | 16.62 |
Beta | n/a |
Holdings | 26 |
Inception Date | Feb 12, 2013 |
About BIZD
Fund Home PageThe VanEck BDC Income ETF (BIZD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a market cap-weighted index of US BDC companies whose principal business is to invest in, lend capital to, or provide services to privately held companies. BIZD was launched on Feb 12, 2013 and is issued by VanEck.
Top 10 Holdings
74.83% of assetsName | Symbol | Weight |
---|---|---|
Ares Capital Corporation | ARCC | 19.69% |
FS KKR Capital Corp. | FSK | 12.43% |
Blue Owl Capital Corporation | OBDC | 12.36% |
Hercules Capital, Inc. | HTGC | 4.79% |
Blackstone Secured Lending Fund | BXSL | 4.55% |
Main Street Capital Corporation | MAIN | 4.54% |
Prospect Capital Corporation | PSEC | 4.48% |
Golub Capital BDC, Inc. | GBDC | 4.44% |
Sixth Street Specialty Lending, Inc. | TSLX | 4.10% |
Oaktree Specialty Lending Co Common Stock Usd.01 | n/a | 3.46% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 27, 2023 | $0.4679 | Dec 29, 2023 |
Oct 2, 2023 | $0.4365 | Oct 6, 2023 |
Jul 3, 2023 | $0.4193 | Jul 7, 2023 |
Apr 3, 2023 | $0.435 | Apr 10, 2023 |
Dec 28, 2022 | $0.4227 | Dec 30, 2022 |
Oct 3, 2022 | $0.4097 | Oct 7, 2022 |
News
These ETF strategies were big winners in 2023. Here's where one CFRA analyst sees them going next year.
Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. In this week's edition, we look at ETF strategies that have exploded in popularity in 2023, and whether they will con...
Income Investing Playbook 2024: Navigating the New Interest Rate Regime
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Bank on BDCs as Private Credit Standby
The word “private” draws investors. It implies an aura of exclusivity; human nature being what it is, the unattainable often lures us in.
BDCs: The Liquid Alternative to Private Credit
By Coulter Regal, CFA, Product Manager In the current market environment where liquidity is highly prized, BDCs present a compelling, liquid alternative to traditional private credit strategies. In th...
BDCs Showing Stout Credit Resilience
Credit risk is par for the course with many high-yield asset classes and business development companies (BDCs) are no exception. Fortunately, the credit outlook for BDCs is attractive.
BIZD Has the Goods to Handle Economic Uncertainty
Higher interest rates, among other macroeconomic factors, may imply weakness for some high-yield assets. However, some analysts see higher-quality business development companies (BDCs) holding steady ...
Pair of Unique Income Sources Could Deliver in 2023
Due to rising interest rates, income investors face plenty of challenges in 2022 as aggregate bond funds have endured double-digit declines. Some corners of the bond market performed less poorly, othe...
Fed Could Fuel Higher BDC Profits
Plenty of asset classes are feeling the pain of high inflation and Federal Reserve interest rate tightening — scenarios that are making life hard on income investors. However, some income-generating s...
BIZD: Where the Big Yields Are
Interest rates are rising, but that doesn't mean that government bond yields are yet compelling. It also means that bond prices are declining.
Bank on BIZD for Big Income
Interest rates are likely to soon rise, but real yields will still be low, prompting many investors to embrace high-income exchange traded funds. Income-hungry investors might want to consider some of...
BDCs Offer Income, Rising Rates Protection
Interest rates are poised to rise, perhaps as soon as March. However, rates are coming off rock-bottom levels, and even as the Federal Reserve lifts borrowing costs, investors will still encounter inc...
BDC Finances on Solid Footing, Says Ratings Agency
Business development companies (BDCs) are getting new looks from income-starved investors this year, due in large part to low bond yields. That's a plus for exchange traded funds, namely the VanEck Ve...
Three Dividend ETFs to Power Your Income Potential
There's no such thing as unwelcome income, and despite rumors that income is hard to find, there are a number of ETFs putting out juicy yields. Here are three dividend-focused ETFs with yields north o...
Betting on BDCs? Get Important Details on BIZD.
Years of depressed interest rates on government bonds are sending income investors scrambling, with many embracing alternative sources of yield, including business development companies (BDCs). Known ...
The BIZD ETF: Rising Rate Protection and Yields North of 8%
One of the lessons investors are learning in today's low-yield environment is that if income is desired, it pays to evaluate asset classes beyond traditional bonds and equities. On the alternative inc...
Looking for the Best of BDCs? Consider ‘BIZD'
With interest rates still low, an assortment of traditional income-generating assets just aren't getting the job done for many income investors. That puts alternative assets in the spotlight, includin...
BDCs Have Big Yields, But Consider These Important Factors
The search for yield can take income investors to a wide range of alternative asset classes. Those include business development companies (BDCs), accessible via the VanEck Vectors BDC Income ETF (NYSE...
The High-Yield Asset Class You May Not Have Come Across
Investors looking for alternative asset classes with eye-catching yields may want to consider business development companies (BDCs), which are accessible in exchange traded funds like the VanEck Vecto...
Business Development ETFs Like ‘BIZD' Aren't Monkeying Around
In the current low rate environment, fixed income investors don't have time for any monkey business. When it comes to seeking income sources, one promising place to look is business development compan...
Get Down to Business: High Yields with the BIZD ETF
Investors looking for alternative asset classes with eye-catching yields may want to consider business development companies (BDCs), which are accessible in exchange traded funds like the VanEck Vecto...
Get Down to Business with the BIZD ETF
The search for added yield and income can take investors to some unique asset classes, including business development companies (BDCs). Often high-yielding, BDCs are accessible in the form of an excha...
Can Business Development Help Develop Your Portfolio?
Business development companies (BDCs) are playing a vital role amid the COVID-19 pandemic by getting much-needed financing to small, medium-sized, or distressed companies in need of cash. ETF investor...